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Maker of motion-control products (servo/stepper drives and motors) for industrial automation and robotics.
Maker of motion-control products (servo/stepper drives and motors) for industrial automation and robotics.
Sells standard servo and stepper drives and motors in volume, largely to machine builders and automation integrators, so sales follow equipment makers' orders and the capital spending behind them. Chinese suppliers like it compete mainly on price and delivery against Japanese and European brands.
In one line: A Chinese smaller Nidec/AMETEK (motion control).
Moat: narrow (process know-how, distribution). Established motion-control product line and distribution network among Chinese automation integrators.
Headquarters: Shenzhen, Guangdong, China · Founded: 2002 · Employees: 1,580
Size Shenzhen Leadshine Technology (002979.SZ) is a China Industrials company (Electrical Products) with a market value of $2.36B, the 1086th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥50.00 on 6 Nov 2026.
Performance Over six months the shares gained 13.9%, against -23.4% for the median peer and -16.4% for the China market (cap-weighted) — 2nd highest of 20 in its peer set.
Growth Revenue grew 43.8% over the last twelve months (peer median +25.0%); the operating margin is 13.0% (peer median 9.0%).
Valuation It trades at 40.6× forward earnings against a peer median of 26.3× (3rd most expensive of 15).
Capital Return on invested capital runs 5.3 points above its cost of capital (8.7% WACC).
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.48B | CN¥1.86B | CN¥1.58B | CN¥1.41B | CN¥1.33B |
| Revenue growth | — | +18% | +12% | +6% | — |
| Gross profit | CN¥986M | CN¥694M | CN¥578M | CN¥512M | CN¥477M |
| EBITDA | n/a | CN¥243M | CN¥233M | CN¥140M | CN¥161M |
| Net income | CN¥364M | CN¥225M | CN¥200M | CN¥139M | CN¥220M |
| Free cash flow | -CN¥22.2M | CN¥231M | CN¥190M | CN¥59.3M | -CN¥9.74M |
| Capital expenditure | CN¥77.5M | CN¥59.2M | CN¥23.0M | CN¥29.7M | CN¥230M |
| Total debt | CN¥507M | CN¥796M | CN¥465M | CN¥612M | CN¥655M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Shenzhen Leadshine Technology 002979.SZ | $2.36B | +14% | +44% | 13% | 40.6× | n/a |
| Shanghai Moons Electrical 603728.SS | $3.66B | -1% | +22% | 4% | 183.9× | n/a |
| Shenzhen Inovance Technology 300124.SZ | $23.0B | -17% | +19% | 10% | 27.0× | 21.3% |
| Estun Automation 002747.SZ | $3.65B | +30% | +8% | 4% | 104.6× | 48.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 002979.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.1% | -17.0% | 4th highest of 21 |
| 6-month return | +13.9% | -23.4% | 2nd highest of 20 |
| Distance from 52-week high | -34.6% | -56.3% | 4th highest of 21 |
| Revenue growth (TTM) | +43.8% | +25.0% | 8th highest of 21 |
| Operating margin | 13.0% | 9.0% | 8th highest of 21 |
| Forward P/E | 40.6× | 26.3× | 3rd most expensive of 15 |
| ROIC minus cost of capital | +5.3 pp | +0.1 pp | 6th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shenzhen Leadshine Technology 002979.SZ | China | $2.36B | +14% | +44% | 13% | 40.6× | n/a | n/a |
| Tianhai Auto Electronics 001365.SZ | China | $2.36B | n/a | +28% | 5% | n/a | 6.0% | +24.8% |
| Diamond Power Infrastructure DIACABS.NS | India | $2.34B | +118% | +109% | 10% | 55.3× | n/a | n/a |
| Shenzhen FRD Science & Technology 300602.SZ | China | $2.39B | -23% | +24% | 7% | 25.3× | n/a | n/a |
| Tongling Jingda Special Magnet Wire 600577.SS | China | $2.39B | -45% | +26% | 3% | 20.4× | 9.8% | +14.7% |
| Hangzhou Cable 603618.SS | China | $2.40B | -18% | +18% | 7% | 10.6× | 15.2% | +9.8% |
| Delijia Transmission Technology (Jiangsu) 603092.SS | China | $2.41B | -45% | +45% | 17% | n/a | 7.2% | +20.3% |
| Jonjee Hi-Tech Industrial and Commercial 600872.SS | China | $2.31B | -2% | +1% | 18% | 21.8× | 10.0% | -3.9% |
| Shenzhen Kstar Science and Technology 002518.SZ | China | $2.41B | -40% | +21% | 13% | 22.1× | 24.2% | +16.9% |
| RR Kabel RRKABEL.NS | India | $2.30B | 0% | +45% | 8% | 28.5× | n/a | n/a |
| PhiChem 300398.SZ | China | $2.43B | -6% | +15% | 17% | 27.3× | 19.6% | +11.7% |
| Kirloskar Oil Engines KIRLOSENG.NS | India | $2.44B | -8% | +23% | 15% | 36.6× | 25.3% | +18.6% |
| Tongding Interconnection Information 002491.SZ | China | $2.44B | -15% | +50% | 11% | n/a | n/a | n/a |
| HBL Engineering HBLENGINE.NS | India | $2.46B | -1% | +63% | 31% | n/a | 22.6% | +29.4% |
| Shenzhen Honor Electronic 300870.SZ | China | $2.26B | -66% | +10% | 3% | 58.9× | n/a | n/a |
| Nuode New Materials 600110.SS | China | $2.21B | -22% | +100% | 4% | 37.0× | n/a | n/a |
| Rept Battero Energy 0666.HK | Hong Kong | $2.19B | -57% | +56% | 6% | 10.0× | n/a | n/a |
| NuScale Power SMR | United States | $2.18B | -60% | -81% | -6,854% | n/a | n/a | n/a |
| Sanil Electric 062040.KS | South Korea | $2.62B | -56% | +29% | 36% | 17.1× | 15.1% | +50.8% |
| Luster LightTech 688400.SS | China | $2.63B | -37% | +10% | 0% | 28.1× | 56.8% | +10.7% |
| Chengdu Jiachi Electronic Technology 688708.SS | China | $2.11B | -33% | -7% | 26% | n/a | n/a | n/a |